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9 January 2025 | 2 replies
Best places to look for a HELOC are often the small community banks and credit unions close to the property.
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12 January 2025 | 7 replies
>>For purposes of taxes, consult with a CPA to confirm this would work for your situation, but you could have the LLC be treated as a "disregarded entity" and thus, even if you and your wife are members, any profits/losses would "disregard" the LLC and go directly on your personal returns.
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14 January 2025 | 28 replies
It’s crazy how quickly those small things add up.
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14 January 2025 | 19 replies
You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.
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16 January 2025 | 6 replies
Great day to be in Self Storage.Start small and Make Your Big Mistakes Early.
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18 January 2025 | 21 replies
Start small with cosmetic rehabs, assemble a reliable team, and have a clear exit strategy.
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23 January 2025 | 39 replies
I believe he said around 250, which seemed to be a lot given the small market they’re investing in, and the man power it would take to produce that much deal flow while servicing clients.
9 January 2025 | 0 replies
Such deductions could result in substantial refunds, providing critical financial support during a challenging time.Residents may also explore disaster loans or grants offered by the Small Business Administration (SBA) to cover damages or losses.
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9 January 2025 | 16 replies
great resource; appreciate the direction :)
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11 January 2025 | 49 replies
Are you suggesting that being crammed in a small hotel room represents a better experience than being in a comfortable homey Airbnb?